CBE expects inflation to accelerate through Q3 2026 before gradual decline towards target
The Central Bank of Egypt (CBE) expects annual headline inflation to accelerate through the third quarter (Q3) of 2026, driven partly by unfavourable base effects, supply-side pressures linked to ongoing regional conflict, exchange-rate movements and fiscal adjustment measures. Earlier on
Egypt champions six global health resolutions at WHO assembly
Egypt played a leading role at the 79th World Health Assembly in Geneva, where six international health resolutions spearheaded by the country were adopted, underscoring its growing influence in shaping global health policy. Health Minister Khaled Abdel Ghaffar said
Egypt’s inbound tourism climbs 15.6% in Q1 2026: Minister
Egypt recorded a 15.6% increase in inbound tourist arrivals during the first quarter (Q1) of 2026 compared to the same period last year, according to Minister of Tourism and Antiquities Sherif Fathy. The announcement followed Fathy’s visit to New York,
Egypt’s FRA approves licences for eight companies across non-banking financial sectors
Egypt’s Financial Regulatory Authority (FRA), chaired by Islam Azzam, has approved licences and authorisations for eight companies to operate across a range of non-banking financial activities. The approvals aim to support the expansion of healthcare management programmes, investment funds, and
Military production minister calls for expanding industrial cooperation to boost local manufacturing
Salah Gombalat, Minister of State for Military Production, held a meeting with chairpersons of affiliated companies and units to review progress on ongoing projects, assess implementation rates, and monitor development plans across entities under the ministry’s umbrella. During the meeting,
Egypt intensifies diplomacy to ease US-Iran tensions amid mounting regional uncertainty
Egypt has stepped up diplomatic efforts to contain escalating tensions between the United States and Iran, engaging in a series of high-level regional consultations as negotiations between Washington and Tehran enter a critical stage marked by deep mistrust and competing
How has Great Pyramid survived earthquakes for 4,600 years?
For more than 4,600 years, the Great Pyramid of Giza has stood almost unchanged on the edge of the Egyptian desert. A new scientific study suggests that its extraordinary resilience may stem not only from its immense size, but also
EGX listing aims to broaden investor base beyond fundraising: Korra Energi CEO
Korra Energi adopted an accelerated timetable for its debut on the Egyptian Exchange (EGX), moving quickly between regulatory approval of its prospectus and a mid-week investor roadshow as part of a strategy to complete both the private placement and public
Toyota Egypt Group enters electric vehicle market with launch of bZ4X and Lexus RZ
Toyota Egypt Group has officially entered the electric vehicle (EV) market in Egypt for the first time with the launch of two new models: the Toyota bZ4X and the Lexus RZ. The introduction of the vehicles, announced during an event
One of One records EGP 1.5bn sales, opens new HQ to drive expansion
One of One Developments has announced the opening of its new headquarters, marking a strategic step to support operational growth and upcoming projects in New Cairo, Sheikh Zayed, and coastal destinations. During the launch event, attended by Mostafa Salah, CEO,